First Metro Bank

About Us

History

First Metro Bank is an independent, community bank serving the residents of Northwest Alabama, primarily those who reside in Colbert, Franklin, and Lauderdale counties. Currently the bank has eight locations in Muscle Shoals, Tuscumbia, Russellville, Florence (3), Lexington, and the Greenhill community in rural Lauderdale County. While our job is to meet your financial needs, each employee is involved in community groups and organizations to make Northwest Alabama a better place to live, work and play.

First Metro Bank was founded in 1988 by a group of local investors and the bank was chartered with approximately $4,290,000 in initial capital. The original subscription involved 400 shareholders, with each one limited to no more than 2.3% ownership. The originators wanted First Metro to be a true community bank and its shareholders to reside in the community and be active with its leadership.

Since the formation of First Metro Bancorp, First Metro has experienced tremendous growth. Today, First Metro Bank has grown to over $500 million in asset size, $270 million in loans to local individuals and businesses and employs over 100 community members. Moreover, products and services are structured to meet all the financial needs of the community, including and not limited to the same services of large regional banks. While many independent banks have not been able to withstand the competition of larger banks and credit unions, First Metro has grown and profited each year since its formation in 1988.

While our job is to meet your financial needs, our employees strive to be involved in community groups and organizations to make Northwest Alabama a better place to live, work and play. The Board, management and staff of First Metro Bank are committed to the bank's continued success and serving the financial needs of the community in a friendly, hometown manner.